GOLD1! GOLD Futures- MCX: update : the target of 124500 done; as long as 124500 holds, the next target is 126880; support at 124500 & below that at 122500; will wait for dips now. Please do not associate any moves in gold to fundamentals at least for a while. Trade price action only.Community discussions
GOLD1! GOLD Futures- MCX: update : the target of 124500 done; as long as 124500 holds, the next target is 126880; support at 124500 & below that at 122500; will wait for dips now. Please do not associate any moves in gold to fundamentals at least for a while. Trade price action only.
GOLDM1! 125700 next resistance in htfGOLD1! GOLD Futures- MCX: For Gold Bugs, On the MCX, Gold is on the verge of moving from being a Sell on Rise to a Buy on Dips; Key words- on the verge; so do not be in a hurry; Above 122700, it can move quickly to 124500; IF this move fails, expect a quick fall to 120349; SO, buy above 122700, with a STOP at 122350; Do take a look at the below XAUUSD chart to see why the move up isnt a done deal.GOLDM1! 123432 next resistance
GOLDM1! Expected to take a dip today mostly from Econo-political indications
GOLDM1! looking upside 120000/- SL below 50%
GOLDM1! 119397 possible resistanceGOLD1! 116837 possible in daily time frame.GOLDM1! plan your trade above 61.80% and SL 50% Target 100%